PHOTO: Latvian State Revenue Service intercepts 214 000 contraband cigarettes
Officials of Latvian State Revenue Service’s Customs Office discovered a shipment of undeclared cigarettes while inspecting an express mail order. Cigarettes were hidden…
Category: Business
Heating energy price in Jurmala to go up 143% in October
From October onward the price of heating energy in Jurmala may increase by 143%, as reported by Jūrmalas siltums LLC. According to the…
One-third of Latvian residents consider starting their own business
The dream of starting a business goes away with age, as concluded in a study conducted by Investment and Development Agency of Latvia…
Cash used in transactions in Latvia less and less – 118.8 billion processed in six months
Latvian payment processing service providers (credit institutions, electronic money institutions, payment institutions, deposit association, Bank of Latvia and State Chancellery) processed a total…
Russia signals a surprisingly smooth decoupling from the West
Russia’s record employment signals a surprisingly smooth decoupling from the West. Its rapid replacement of McDonald’s and Starbucks says business as usual. Yet…
BNN ANALYSES: Lithuania forced to delay completion of electricity market liberalization, frowns at Nord Pool Spot
Linas Jegelevičius When joining Nord Pool Spot (NPS), the electricity trade exchange, in 2012, Lithuania rightly hinged many hopes on it. But after…
PM: the era of Latvijas Gāze behaving like they are in charge is over
In the past Latvijas Gāze JSC (LG) behaved like they are in charge, kicked open doors and dictated rules to the state. But…
Availability of energy resources remains chief concern for Latvian businesses
Most business in Latvia, particularly those in the manufacturing sector, are looking for ways to prepare for winter and avoid shutting down operations….
Latvian Stevedoring Company Association considers challenges and sector’s development scenarios
Stevedores from Ventspils, Liepaja and Riga sea ports, as well as representatives of state institutions tied to the sector gathered for an expanded…
